Holding ourselves accountable
All of us at United Way of Rhode Island take pride in achieving the highest level of financial responsibility. That means following a total transparency approach when it comes to showing our donors and the people in our community how the dollars we are entrusted with get invested.
Our Financials: A Snapshot
View the documents below to see what our accounting looks like.
CEO and CFO Financial Statement Certification
2017 Audited Financial Statement
2016 Audited Financial Statement
2015 Audited Financial Statement
2014 Audited Financial Statement
Form 990 (as of June 30, 2017)
Form 990 (as of June 30, 2016)
Form 990 (as of June 30, 2015)
Form 990 (as of June 30, 2014)
Making Contributions Go Far
We are in a unique position of being able to raise and distribute resources without any fundraising or administrative charges being paid from donor funds. This means all donor gifts go directly to helping people and programs—because our fundraising costs are paid by a permanent trust.
About the Trust
The Rhode Island Charities Trust was established by Textron founder Royal Little in 1937 to help maximize the value of gifts made to the United Way of Rhode Island. To this day, the trust—which is administered by the Rhode Island Foundation, helps offset our fundraising costs.
Handling Unpaid Pledges
One of the truths about fundraising through payroll deduction is that sometimes donors’ personal and financial circumstances change, and this can cause the amount pledged to be different than the amount actually collected.
Inevitably, the current uncollectible factor is 3.84%. But on a promising high note, agencies designated by United Way of Rhode Island will receive more than 95% of every dollar pledged to them. This is well above national averages and standards and something to feel good about.